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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (6542)8/3/2000 4:59:43 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 10270
 
I agree, don't like ChipPac at all ...
price 22 too high ...

buying RSNT too ...



To: eDollar.com who wrote (6542)8/3/2000 5:09:11 PM
From: eDollar.com  Read Replies (1) | Respond to of 10270
 
ChipPac is in packaging business which is not thought of as very high tech. PSIT IPOs at 15 with 1/3 the float and went to 10 and now struggling to stay above 15. Plain and simple packaging is not a sexy semi business and is subject to the same rules of cyclical nature of semi industry.

Sure revenue stream is diverified. But so is the diversity od SIX index.



To: eDollar.com who wrote (6542)8/3/2000 5:35:03 PM
From: Keith J  Read Replies (1) | Respond to of 10270
 
2000 PE on KLIC is now about 8.

KJ